New mortgage note · Note Investor Network

New mortgage note

Using the resources of all persons in this community can we create a new note on an investment property. For example borrower wants a loan on his investment property. We offer him a new loan up to 60% to 65% LTV or cltv. Depending if we are doing a new fist or second. In this community do we have investors that would want to participate? I am doing this now with individual investors - now looking for more investors to participate. Usually the term is 2 years and payment is interest only. The fist TDs we do usually are at 10.5% and seconds around 13%.

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